You can view the shareholding pattern for the latest three quarters for the company
under two broad categories (Promoter & Non Promters).
Shareholding Pattern as on
30/09/2025
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(A) Promoter & Promoter Group | 14 | 48,191,620 | 48,191,620 | 43.07 | 42.69 | 48,191,620 | (B) Public | 69,623 | 63,689,530 | 63,689,530 | 56.93 | 57.31 | 63,493,530 | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 |
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Individuals / Hindu Undivided Family | 9 | 2,200,735 | 0 | 2,200,735 | 1.97 | 2,200,735 | Kishor Laxminarayan Rathi HUF | 1 | 1,100,000 | 0 | 1,100,000 | 0.98 | 1,100,000 | Madhusudan Kabra | 1 | 615,600 | 0 | 615,600 | 0.55 | 615,600 | Kishor Laxminarayan Rathi | 1 | 406,000 | 0 | 406,000 | 0.36 | 406,000 | Jayesh Madhusudan Soni | 1 | 35,000 | 0 | 35,000 | 0.03 | 35,000 | Megha Jhawar | 1 | 20,000 | 0 | 20,000 | 0.02 | 20,000 | Snehal Shamsunder Soni | 1 | 15,000 | 0 | 15,000 | 0.01 | 15,000 | Chandrakumar Laxminarayan Rathi | 0 | 0 | 0 | 0 | 0.00 | 0 | Payal Akshay Kulkarni | 1 | 385 | 0 | 385 | 0.00 | 385 | Piyush Chandrakumar Rathi | 0 | 0 | 0 | 0 | 0.00 | 0 | Pramila Shamsunder Soni | 1 | 5,000 | 0 | 5,000 | 0.00 | 5,000 | Radhika Ashish Pujara | 0 | 0 | 0 | 0 | 0.00 | 0 | Savita Chandrakumar Rathi | 0 | 0 | 0 | 0 | 0.00 | 0 | Sunil Ramdayal Attal | 1 | 3,750 | 0 | 3,750 | 0.00 | 3,750 | Any Other (specify) | 0 | 0 | 0 | 0 | 0.00 | 0 | Advenza Global Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | Atharva Green Ecotech LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | Sub Total | 9 | 2,200,735 | 0 | 2,200,735 | 1.97 | 2,200,735 | |
Individuals (Non-Resident Individuals/ Foreign Individuals) | 5 | 45,990,885 | 0 | 45,990,885 | 41.11 | 45,990,885 | Vasant Rathi | 1 | 37,123,702 | 0 | 37,123,702 | 33.18 | 37,123,702 | Rasika Vasant Rathi | 1 | 2,665,825 | 0 | 2,665,825 | 2.38 | 2,665,825 | Reshma Namita Rathi | 1 | 2,646,858 | 0 | 2,646,858 | 2.37 | 2,646,858 | Rachana Vasant Rathi | 1 | 2,641,500 | 0 | 2,641,500 | 2.36 | 2,641,500 | Prabhavati Vasant Rathi | 1 | 913,000 | 0 | 913,000 | 0.82 | 913,000 | Sub Total | 5 | 45,990,885 | 0 | 45,990,885 | 41.11 | 45,990,885 | Grand Total | 14 | 48,191,620 | 0 | 48,191,620 | 43.08 | 48,191,620 | |
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Mutual Funds | 9 | 3,623,431 | 0 | 3,623,431 | 3.24 | 3,623,431 | Alternate Investment Funds | 6 | 3,546,369 | 0 | 3,546,369 | 3.17 | 3,546,369 | Clarus Capital I | 1 | 2,714,511 | 0 | 2,714,511 | 2.43 | 2,714,511 | NBFCs registered with RBI | 1 | 2,500 | 0 | 2,500 | 0.00 | 2,500 | Foreign Portfolio Investors Category I | 63 | 13,029,562 | 0 | 13,029,562 | 11.65 | 13,029,562 | Nalanda India Equity Fund Limited | 1 | 9,465,501 | 0 | 9,465,501 | 8.46 | 9,465,501 | Marval Guru Fund | 1 | 1,583,019 | 0 | 1,583,019 | 1.41 | 1,583,019 | Foreign Portfolio Investors Category II | 7 | 1,894,488 | 0 | 1,894,488 | 1.69 | 1,894,488 | Polunin Emerging Markets Small Cap Fund, LLC | 1 | 1,531,975 | 0 | 1,531,975 | 1.37 | 1,531,975 | Foreign Direct Investment | 1 | 13,509,522 | 0 | 13,509,522 | 12.07 | 13,509,522 | Orbimed Asia III Mauritius FVCI Limited | 1 | 13,509,522 | 0 | 13,509,522 | 12.07 | 13,509,522 | Sub Total | 87 | 35,605,872 | 0 | 35,605,872 | 31.82 | 35,605,872 | |
Any Others (Specify) | 1,619 | 1,510,131 | 0 | 1,510,131 | 1.35 | 1,510,131 | HUF | 1,540 | 633,863 | 0 | 633,863 | 0.57 | 633,863 | Trusts | 2 | 552,701 | 0 | 552,701 | 0.49 | 552,701 | Bodies Corporate | 45 | 256,349 | 0 | 256,349 | 0.23 | 256,349 | Clearing Members | 31 | 46,718 | 0 | 46,718 | 0.04 | 46,718 | Unclaimed or Suspense or Escrow Account | 1 | 20,500 | 0 | 20,500 | 0.02 | 20,500 | Bodies Corporate | 292 | 1,318,157 | 0 | 1,318,157 | 1.18 | 1,318,157 | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 65,950 | 17,699,694 | 0 | 17,699,694 | 15.82 | 17,503,694 | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 5 | 1,267,858 | 0 | 1,267,858 | 1.13 | 1,267,858 | Non Resident Indians (NRIs) | 1,655 | 3,657,740 | 0 | 3,657,740 | 3.27 | 3,657,740 | Pradip Bhailal Shah | 1 | 1,903,400 | 0 | 1,903,400 | 1.70 | 1,903,400 | Key Managerial Personnel | 2 | 171,925 | 0 | 171,925 | 0.15 | 171,925 | Investor Education and Protection Fund (IEPF) | 1 | 128,663 | 0 | 128,663 | 0.11 | 128,663 | Directors and their relatives (excluding independent directors and nominee directors) | 2 | 1,899,750 | 0 | 1,899,750 | 1.70 | 1,899,750 | Mukund Madhusudan Kabra | 1 | 1,824,250 | 0 | 1,824,250 | 1.63 | 1,824,250 | Foreign Nationals | 0 | 0 | 0 | 0 | 0.00 | 0 | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 10 | 429,740 | 0 | 429,740 | 0.38 | 429,740 | Sub Total | 69,536 | 28,083,658 | 0 | 28,083,658 | 25.09 | 27,887,658 | |
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